Samsung and Apple Combine for 103% of Mobile Industry Profits

The only Android OEM worth talking about lately seems to be Samsung with the dominance of their Galaxy line. That dominance is reflected in profit numbers as well according to a recent industry report. Research from Canaccord Genuity, says that Samsung and Apple together accounted for an “astounding” 103% of the mobile profits in 2012.

Canaccord is calculating this number by taking each OEM and their operating margins, then factoring in the losses of the other vendors, so you can see how well Samsung and Apple did. The only other Android manufacturer to post any significant number was HTC.

Do you see these numbers changing this year? Is the HTC M7 or Motorola’s X Phone going to challenge Samsung? At this point, it’s going to be hard for any OEM to compete.